Special offer

Laguna Beach Real Estate Market Report - Jones Laguna Beach

By
Real Estate Agent with Coldwell Banker Residential Brokerage CalBRE #01348400

In this October 2017 issue of the Laguna Beach Real Estate Market Report provided by Brian Jones, Laguna Beach Realtor, discover what's trending: how many listings are hitting the market? How long do houses stay on the market before selling? What is the average home value in Laguna Beach this month? And what does this mean for you. Here's the deal.

Laguna Beach Real Estate Market Report - This Month 2017

Laguna Beach housing market shows a slowing in rising prices. Property prices paused as we step into the fall season. September saw a total of 29 sold homes down from 35 in August. The average sold price was $2,183,000 down from $2,452,000 the previous month.

There are currently 261 active listings in Laguna Beach which is on the high side and has lead to a 9 month supply of inventory. An normal market that doesn't favor either buyers or sellers is about a 6 month supply of inventory. A 9 month supply should strongly favor buyers, however, Laguna Beach is a different market and we see many sellers who don't have to sell and will wait for prices to come to them.

From September of last year to September of this year, the average sales price went up by 7.06 percent.

Here is a quick summation for September 2017

Active listings: 261

In Escrow: 55

Closed: 29

Months Supply: 9.0

Average Sales Price" $2,2183.000

 

To view homes for sale in Laguna Beach click here!

 

How Much is My Home Worth

 

Brian Jones, REALTOR

Coldwell Banker Residential Brokerage

Coldwell Banker Global Luxury Certified

cell: 949-422-1636

email: brian.jones2@camoves.com

www.BrianJonesOCHomes.com

Posted by

B R I A N   J O N E S

Realtor

Coldwell Banker Residential Brokerage

C: 949-422-1636
email: brian.jones2@camoves.com
www.BrianJonesOCHomes.com

Brian Jones 

Comments (2)

Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Home buyers and sellers in your area will appreciate this information 

Oct 06, 2017 12:20 PM
Brian Jones
Coldwell Banker Residential Brokerage - Laguna Beach, CA
Realtor, Coast Real Estate Specialist

Thanks, Gita, good luck out there!

Oct 06, 2017 03:15 PM